# How BlackRock Greater Europe Investment Trust outperformed over the last one, three, five and 10 years

- Link: https://www.directorstalkinterviews.com/how-blackrock-greater-europe-investment-trust-outperformed-over-the-last-one-three-five-and-10-years/4121124670
- Published: 2023-08-04T09:02:43+01:00
- Author: Amilia Stone

**BlackRock Greater Europe Investment Trust (BRGE)** has published an update from
Edison.

BlackRock Greater Europe Investment Trust is managed by Stefan Gries, who seeks 
to invest in the best wealth-creating businesses on a minimum three- to five-year
view. The process has proved successful as the trust’s NAV has outperformed the 
Europe ex-UK market over the last one, three, five and 10 years. BRGE is one of 
seven funds in the AIC Europe sector, and its NAV total returns rank first over 
the last one, five and 10 years. It has also generated very acceptable double-digit
absolute total returns over the last decade: NAV and share price are both +10.9%
pa.

Gries employs a genuine long-term approach, behaving like an investor in businesses
rather than a trader in shares, and is not influenced by the sector or geographic
weightings of the reference index. The manager has four primary investment criteria
when assessing a company as a potential addition to the fund: a quality management
team with a clearly defined strategy and a strong track record of value creation;
a high and predictable return on capital and strong free cash flow conversion; options
to deploy cash in areas of high and sustainable returns; and a unique aspect, such
as a product, brand or contract structure, which protects a business from future
competition.

[f5a676db445fe917ecbf24fcaeb37067](https://www.directorstalkinterviews.com/wp-content/uploads/2023/08/f5a676db445fe917ecbf24fcaeb37067.pdf)
[Download](https://www.directorstalkinterviews.com/wp-content/uploads/2023/08/f5a676db445fe917ecbf24fcaeb37067.pdf)

**To discover more about the BlackRock Greater Europe Investment Trust [click here](https://www.blackrock.com/uk/individual/products/investment-trusts/our-range/blackrock-greater-europe-investment-trust/trust-information?siteEntryPassthrough=true&cid=aff:investmenttrusts2020:brge:directorstalk:link)**

Share on: